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Switzerland gains retroactive US tariff cuts
2025-12-11
Tariffs imposed on Swiss goods by the United States will fall from 39% to 15% with retroactive effect from November 14. +Get the most important news from Switzerland in your inbox The basis for this is the declaration of intent signed by Switzerland, the US and Liechtenstein on that day. The US limited the flat-rate …
Swiss public sceptical over US tariff deal: survey
2025-12-03
More than two-thirds of Swiss people have misgivings over the recent tariff deal struck with the United States, a survey suggests. +Get the most important news from Switzerland in your inbox The survey, commissioned by the Blick newspaper, found 69% of respondents opposed to the deal. Just under a third of Swiss respondents would be …
Swiss lawmakers vote to ease weapons exports
2025-12-02
Both Swiss parliamentary chambers have approved the easing of war materiel exports and re-exports. +Get the most important news from Switzerland in your inbox The House of Representatives has approved, by 120 votes to 63, the relaxations earlier decided by the Senate. The proposal follows a request from parliament, which currently prohibits all sales if …
Swiss ninth in international patents applications
2025-11-13
International patent applications reached a new record in 2024, rising to 3.7 million, up 4.9% year-on-year. Switzerland is ninth on the global list. +Get the most important news from Switzerland in your inbox China is once again the country from which the largest number of applications comes, the World Intellectual Property Organisation (WIPO) indicated today …
Swiss logistics group Kuehne+Nagel to cut up to 1,500 jobs
2025-10-23
Swiss logistics group Kühne+Nagel is launching a cost-cutting program, which will slash 1,000 to 1,500 full-time positions, following a slump in profits. +Get the most important news from Switzerland in your inbox Turnover fell by 7% to CHF6.04 billion. Gross profit adjusted for volatile freight tariffs fell by 4% to CHF2.11 billion. As a result, …
Switzerland held “constructive” tariff meeting in Washington
2025-09-06
Swiss economics minister Guy Parmelin says a meeting in Washington to discuss tariffs with United States officials was “constructive”. +Get the most important news from Switzerland in your inbox Switzerland sees good opportunities for both countries and wants to strengthen the partnership, he wrote on the social media platform X on Saturday night. Parmelin met …
US tariffs putting 100,000 jobs at risk in Switzerland
2025-08-16
United States tariffs of 39% on Swiss imports will directly affect 100,000 jobs in Switzerland, mainly in the watchmaking, machinery, metals, and food industries, warned the business umbrella organisation economiesuisse on Friday. +Get the most important news from Switzerland in your inbox For the Swiss business federation, “the consequences could be even heavier, as suppliers and service providers also suffer indirectly”.
Swatch CEO expects spike in demand due to US tariffs
2025-08-06
Nick Hayek called the 39% tariff imposed by the US on Switzerland as “arbitrary” and “unjustified”. However, he said that these tariffs will boost the watch group’s business. “I am convinced that Donald Trump wants to reach an agreement and show it to his voters in the United States. I am confident that the 39% …
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